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Yellow Enterprises reported the following (S in thousands) as of December 31, 2021. All accounts have normal balances. Deficit (debit balance in retained earnings) Common
Yellow Enterprises reported the following (S in thousands) as of December 31, 2021. All accounts have normal balances. Deficit (debit balance in retained earnings) Common stock Paid-in capital-share repurchase. Treasury stock (at cost) Paid-in capital-excess of par $3,000 2,000 1,000 400 30,000 During 2022 ($ in thousands), net income was $9,000, 25% of the treasury stock was resold for $450, cash dividends declared were $600, cash dividends paid were $500 What ($ in thousands) was shareholders' equity as of December 31, 2022? Multiple Choice O O $37,450 O O $38.350 $38.450 $38300
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